Tax Tip Corner™
The Tax Tip Guy™ is here to guide you through the most pressing questions and issues related to your taxes today.
Articles
What If I File an Extension?
As a tax practitioner, I have seen the prospect of filing an extension put some taxpayers’ minds at ease and
Issues concerning the 2021 advance child tax credit payments
Potential Issues with the 2021 Advance Child Credits The advance child tax credit payments began on July 15th, 2021. Qualified
Making Tax Season Less Taxing
A little preparation will make tax season less taxing this year! It has been said that this is the most
Required Minimum Distribution
A required minimum distribution is a mandatory distribution of retirement account funds after you reach a certain age. (Age 70
IRS Tax Relief For Certain Areas Impacted by Hurricane IDA
Taxpayers that reside in certain areas or have a business in certain areas that have had a Hurricane Ida disaster
Claiming Business Meals and Entertainment
The Tax Cuts and Jobs Act of 2017 eliminated the deduction for any expenses related to activities generally considered entertainment,